Our Wilmington, NC SEO, Web Design, Social Media, and Digital Marketing Services are sure to deliver results. We are completely aligned with our clients in that the only reason one should partner with an Online Marketing Agency is to increase the amount of money the business makes.

Wednesday, June 28, 2017

The Importance of Pairing Analytics with Engagement

When was the last time you took a look at your analytics dashboard? I mean a truly in-depth look?

Sure, all those high-performing landing pages and conversion numbers are great — but there’s something your analytics isn’t showing you —

Engagement.

“Well, that’s not true”, you insist. “I can see how many users clicked on this link or bought that product and ultimately converted into paying customers — isn’t that a form of engagement?”

The problem with analytics is the more we know, the more we realize we don’t know — and “engagement” is one of those elusive quasi-metrics marketers keep chasing after, as if to hold it up as the ultimate measure of a site’s success.

We can tie it to different data-backed metrics, but they don’t really give us the full picture. They tell us that the customer clicked on this, or bought that, but they don’t tell us anything about the customer experience that we’re all so keen to improve upon.

“The reason engagement has not caught on like wild fire (except in white papers and analyst reports and pundit posts) is that it is a “heart” metric we are trying to measure with “head” data, and engagement is such a[n] utterly unique feeling for each website that it will almost always have a unique definition for each and every website.”

Analytics are Meaningless, Unless…

Unless you tie them to something that matters. You can think of analytics like the “Check Engine” light on your car. It tells you that something is wrong, but it’s up to you to fix the problem. Analytics give you raw numbers for different touch-points and informs you, but they won’t adjust for you if, for example, you see a drop off in your conversion funnel. That’s all on you.

No pressure, right?

Of course, by the same token, you can’t have engagement without the data to back it up. Otherwise you’ll never know which channel delivers the best ROI or which landing page is converting the highest. Analytics and engagement are not standalone silos that are independent of each other. They need to be able to mesh together in a way that not only gives you workable data, but makes that data actionable.

How to Correctly Measure Engagement

So if analytics give you the raw numbers, how do you actually measure engagement? As every site has a different purpose and different end goal, there is no “one size fits all” blanket metric that engagement can substitute for.

You can’t tie it to click-throughs because they don’t tell you what happened after the click. And you can’t pin engagement on conversions either because you’ll be continually moving the goalposts as to what a conversion actually is as the customer progresses through your funnel.

As Kaushik advises, you need to boil down “engagement” into what it truly is — by asking why your website exists. At it’s core, your website has a unique purpose, and properly defining that purpose and then defining which metrics lend themselves to it are going to make your marketing life a whole lot easier (and more measurable!)

You can look at key analytics data to help you get a better, data-backed picture of your customer engagement, using things like customer retention, number of unique visits and how recent they are, as well as regular customer surveys and market research. But again, you’re trying to apply quantitative data to a very qualitative metric, so you’ll still be getting pieces of the puzzle rather than seeing the full picture.

Fortunately, you can have both your analytics and your engagement metrics working together to provide you with the kinds of findings you need to optimize your business growth even further.

Kissmetrics: The Best of Both Worlds

There are three key parts to Kissmetrics that helps marketing and product teams engage and grow their customer base.

Analyze: This contains reporting tools like Funnel, Cohort, A/B testing, and the soon-to-be-released Activity report. Use these tools to track and analyze user behavior.

Populations: Keep track of your user base by viewing how many users are in a “Population“. Quickly and easily know if signups are increasing, if more users are engaged than 90 days ago, and much more. Check out this video to learn more:

With CEA you’ll be able to measure, track and act upon customer-based behaviors. See what a customer or user is doing with our reporting tools, and provide a “nudge” with behavior-based messaging.

There’s no need to export your data into a third party tool to analyze it — the platform handles all of that for you. You get the data you need in order to make confident marketing decisions, along with the measurable customer engagement tools that move your business forward — all in one streamlined, highly-efficient package.

What’s more, you don’t even need any third party integrations to make Campaigns and our other suite of tools work for you. But Kissmetrics does play nice with others, by integrating with all your favorite tools including Woocommerce, Salesforce, Shopify, Optimizely, and more.

So stop digging through your analytics trying to find those elusive nuggets of “customer engagement” and start focusing on the metrics that matter. Because your data lives within the Kissmetrics platform, you’ll discover all kinds of powerful insights that analytics alone can’t provide. And when analytics and engagement are both working together like a finely oiled machine, there’s nothing stopping you from taking your business to the next level — full speed ahead.

Have you used Kissmetrics in your own business? We’d love to hear about your experience with the platform. Which engagement metrics have you found best reflect your business goals and objectives? Share your thoughts with us in the comments below!